Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,480 VND/kg; D10 CB300 ribbed steel bar is priced at 13,580 VND/kg.
Viet Y Steel brand, CB240 rolled steel line is priced at 13,430 VND/kg; D10 CB300 ribbed steel bar is priced at 13,400 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,300 VND/kg; D10 CB300 ribbed steel bar priced at 13,600 VND/kg.
VAS steel, with CB240 coil steel line at 13,350 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel down to 13,480 VND/kg; D10 CB300 ribbed steel bar priced at 13,580 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,740 VND/kg; D10 CB300 ribbed steel is priced at 13,990 VND/kg.
VAS Steel currently has CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,450 VND/kg.
Pomina steel, with CB240 coil steel line at 14,180 VND/kg; D10 CB300 ribbed steel bar is priced at 14,180 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel at 13,640 VND/kg; D10 CB300 ribbed steel reduced to 13,580 VND/kg.
VAS steel, CB240 coil steel line is at 13,350 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Pomina steel, CB240 coil steel line is at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 7 yuan to 3,127 yuan/t.
Iron ore prices fell to their lowest in more than a year, as investors weighed the outlook for weak Chinese demand amid an uneven economic recovery and stronger supply against fresh monetary easing measures by the world’s top consumer.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 4.5% to 658.5 yuan a tonne, marking its weakest since Aug. 17, 2023.
Benchmark iron ore for October delivery on the Singapore Exchange fell 2.31% to $81.55 a tonne.
“Broader risk aversion is being underpinned by the weak outlook for Chinese demand, as evidenced by weakness in new home construction and a lack of offsetting gains from the infrastructure sector,” Westpac analysts said in a note.
Crude iron ore output in the January-August period rose 4.1 percent year-on-year, the National Bureau of Statistics said in a statement.
Meanwhile, stainless steel exports hit a record high in August, up 33.4% year-on-year, according to Chinese consultancy Mysteel.
The increase in exports, also up 18.9% from July, came as producers increasingly turned to global markets amid sluggish domestic demand this year, Mysteel said.
China's central bank has made 14-day cash available to its banking system and at lower interest rates, signaling its intention to provide further monetary stimulus, although analysts said the funding operation itself did not constitute a major easing policy.
The world’s second-largest economy is struggling to boost growth despite a series of policies aimed at boosting domestic spending. Speculation that Beijing will accelerate easing increased last week after the US Federal Reserve cut interest rates by a record amount.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-24-9-giam-nhe-do-nhu-cau-yeu.html
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